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BQ - Boqii Cuddles Up To Premium U.S. Pet Food Maker
Boqii Holding Limited American Depositary Shares representing Class A
Boqii has made a few strategic acquisitions already over the last few years, including its latest investment in U.S. premium pet food maker Better Choice Co., announced last week.
Better Choice is also an interesting story, having recently upgraded from over-the-counter status to trading on the lesser-known NYSE American Exchange operated by the parent of the New York Stock Exchange.
In terms of valuation, Boqii trades at a price-to-sales (P/S) ratio of 2.4 based on its latest annual sales.